Colombia Markets: COLCAP & the Peso — July 8, 2026
The MSCI COLCAP index closed virtually unchanged at 2,295.85, up 0.01%, as gains in the banking sector were offset by a decline in the energy heavyweight Ecopetrol. The Colombian peso remained near the strong end of its range, with USD/COP at 3,349, a slight 0.13% weakening. Market participants are awaiting the June CPI inflation data, which could influence the central bank’s policy stance.
- ▪COLCAP finished at 2,295.85, a marginal 0.01% increase, reflecting a flat market session.
- ▪Bancolombia rose 2.21%, lifting the financial sector, while Ecopetrol fell 1.56% despite higher Brent crude prices.
- ▪The peso stayed near the strong end of its 52‑week band, with USD/COP at 3,349, about 14% below its yearly high.
- ▪Investors are watching the upcoming June inflation print, expected around 6.09%, to gauge future monetary policy.
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Colombia Markets Colombia Colombia Markets: COLCAP & the Peso — July 8, 2026 By Diego Fernández · July 8, 2026 · 6 min read Daily Brief The morning intel from across Latin America. Free. Subscribe By subscribing you agree to our privacy policy. We never share your email. Key Facts COLCAP closed all but unchanged at 2,295.85 edging up just 0.01% on July 7 as a firm banking sector offset a soft energy heavyweight in a directionless session. Ecopetrol fell 1.56% the day’s biggest single-stock drag despite Brent rising, as governance questions kept the state oil champion under a cloud. Bancolombia rose 2.21% leading Financials up an average 0.96% and doing the heavy lifting that kept the benchmark flat rather than red.
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